Posted 9:30 AM ET – The warning signs were there and we were waiting for the Market drop. The FOMC Minutes were a splash of cold water Wednesday and the market pulled back off of its high. Yesterday the market paused ahead of the jobs report and the reaction this morning has been slightly negative. Analysts were expecting 479K jobs and 199K were created. I do not trust the government’s numbers because they are impacted by holidays, adjustments and local offices reporting correctly. ADP processes payroll checks and they have no agenda. They know how many checks they cut and they …
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